Tuesday 27 August 2019

How Rs 1.76 lakh cr from RBI will help govt fight slowdown in economy

A record windfall from the Reserve Bank of India (RBI) under governor Shaktikanta Das to the tune of Rs 1.76 lakh crore -- higher than the aggregate dividend paid out by the central bank in previous three years -- will give the Modi government ammunition to fight an ever-widening slowdown in the economy by spurring investment and giving sectoral stimulus.

from Times of India https://ift.tt/2HqTBdI
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